Public Service Superannuation Plan Trustee Inc. – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Thu, 21 Nov 2024 22:24:05 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Nova Scotia’s PSSP reports 98.5% funded status, halts indexing for five years https://www.benefitscanada.com/canadian-investment-review/db-investments/nova-scotias-pssp-reports-98-5-funded-status-halts-indexing-for-five-years/ https://www.benefitscanada.com/canadian-investment-review/db-investments/nova-scotias-pssp-reports-98-5-funded-status-halts-indexing-for-five-years/#respond Wed, 01 Jul 2020 03:42:05 +0000 https://cumulus.benefitscanada.com/uncategorized/nova-scotias-pssp-reports-98-5-funded-status-halts-indexing-for-five-years/ Nova Scotia’s Public Service Superannuation Plan reported a 98.5 per cent funded status as of Dec. 31, 2019 and said it will halt cost-of-living adjustments for retirees for the next five years. According to the plan’s 2020 funded health review, its funding policy prohibits indexing when the PSSP’s funded status is below 100 per cent. […]

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